day trading four days last week 30 minutes a day how much money could I
possibly made I'm actually surprised I didn't really add up all the numbers in
my head until now until I looked at the profit and loss summary for last week
and I'm surprised stay tuned to find out
I'm surprised that I made $1000 this week I only really traded what what we I
traded for days about 30 minutes each day you saw all the trades you saw the
live videos and I was able to make a thousand dollars which I'm I keep saying
I'm surprised because I didn't really think about it I don't really add up the
numbers but you know no real big home runs know crazy trades no big massive
winners but it all adds up and the big thing here really is about keeping your
losers small I mean I did that pretty well and it really have any big losers
and like I have any losers I might have had some losers after Commission's but I
don't really have any big losers so that's a good thing around the bat and
then just adding up as little basic little base it's over and over in making
a thousand dollars with a small account is not bad and like I said I only traded
four days four days Monday Tuesday Wednesday Thursday I went on the boat
Friday I traded for maybe an hour tops most days it traded about 30 minutes and
bad I made $1,000 I paid two hundred dollars in commissions
htx really killed me on the commissions look at this this is painful
so my first buy on HDTV X was at $3.00 about another five hundred to ninety it
went to 403 I mean that's a dollar jump there over a dollar jump I should have
been at that I coulda shoulda woulda but still I only made 185 dollars in that
trade espr this trade I mean this was painful you can see a hundred shares
both of these on these sorts getting a full getting over a doll or move both of
those times so that was beautiful ESP R it went up and down like 1015 dollars
this one was really a killer I shorted at 948 it dropped all the way I think
down like eight 60s or 70s so big move there on LP I ended up getting out way
too early on that one should let it run I see a lot of things I did wrong or
maybe not a lot of things but really what I see is that I was able to find
opportunities I was able to find good solid stocks to trade you know had some
nice decent winners had some small winners either way it was all a small
size I was trading with a small account I really want to focus on this upcoming
week letting these trades really play out so LPI beautiful example here was my
plan was shorting at 950 to cover around $9 so that would have been our 40 cent
move should've made $400 which it did exactly what I had planned it is
rewarding it's rewarding to see when a stock does what you want to do even if
you're not in the trade but it's also frustrating because you're like man I
was there I was right there I was in the trade and you know seeing this result
seeing the results here it's kind of like okay we know what to do we have a
plan it's working we're making a little bit of money but we can make a lot more
money so that's what I'm gonna be working on and I want to stress this
simple fact to a lot of people that ask me questions about you know how to start
trading or you know how they can't trade every day or they can't trade all day
people always have some type of excuse they always come up with some kind of
excuse like oh I don't have enough money or oh like you know I work you know now
afternoons I can't trade all day or I can't do this and you can see you know
only trading for days 30 minutes a day with a small account I was able to make
$1,000 - commissions but still $800 after commissions is not a bad trading
week when I'm trading with a small account when I'm trading only for days
30 minutes a day I mean come on guys that's that's pretty good money there's
people out there that work 40 hours a week and they take home less than a
hundred hours a week so it is rewarding to the sense that I have the capability
I have the ability to really capitalize on this opportunity if I take control if
I remove my emotions and I think a lot of people out there can really
understand that you do not need a large account you do not need to train
all day you do not need crazy computer system you don't need any of that stuff
you just need to really identify you need to practice you need to have
experience you know just trade need to focus on execution getting in and out of
trades understanding wind is short when to buy all that stuff you know I'm still
working on that I'm still learning every day but I think I'm getting to the point
now where I'm looking at this results being like ok not bad not bad we can do
better though we can definitely do better I know I can do better so that's
what I'm gonna be focused on this week I'm gonna try to trade till at least
noon maybe a little bit later maybe all day we'll see and I'm gonna really try
to focus on taking profit at the profit target area so if I get into trade like
LPI I get into it 950 my stop-loss is at 970 I'm telling myself okay my profit
target is $9 that's where we'll take our first profit at and that's what I'm
doing I don't care if I lose money if it doesn't work out I gotta stick to it cuz
there are so many trades looking at that list there's so many trades there that
could have been much much larger profits if I would have just stuck to my plan
every single one of my plans really worked out last week so right there
that's confirmation that I am able to identify opportunity
I'm just not executing so I got to remove the emotion I'm gonna get back to
the trading get back to the execution and focus
there's no homerun trades there it's not one homerun trade there's not one trade
there that I would be like wow I'm gonna brag it out this one trade there's not
one trade like that but it adds up it adds up you imagine if I just did this
every single week for the rest of the year I mean that's not bad it's not bad
at all that is not bad so hopefully it's
motivates you guys it's motivating me it's getting me hyped up I am hyped up
to really execute some execute some plans next week that's what I'm gonna be
focusing on so hopefully you guys see the videos you see me trading and I
followed through with this plan that's what we got to do that's what we have to
do here so there it is four days 30 minutes a day making
thousand dollars - commissions on up I know the Commission's are there I know I
know don't you relax do me one big favor one big favor
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